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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 48,799 $ 52,704
Accounts receivable, net of allowances of $2,880 and $2,901, respectively 151,105 128,019
Inventories 10,454 10,153
Current contract costs 35,398 20,202
Prepaid insurance 13,918 2,925
Other current assets 23,846 21,774
Total current assets 283,520 235,777
Property and equipment, net 593,703 592,891
Other investments and assets 18,079 17,047
Operating lease right-of-use assets 107,546 109,774
Deferred income taxes 1,668 1,930
Goodwill 121,654 123,906
Other intangible assets, net 54,130 55,997
Total Assets 1,180,300 1,137,322
Current liabilities    
Accounts payable 100,180 77,405
Contract liabilities 82,248 52,980
Accrued compensation 20,385 31,309
Operating lease obligations 17,762 17,334
Other current liabilities 54,570 42,397
Current portion of debt and finance lease obligations 17,126 8,371
Total current liabilities 292,271 229,796
Long-term debt and finance obligations 462,490 444,304
Pension and postretirement benefits 16,233 16,457
Long-term operating lease obligations 103,855 106,109
Other deferred items and liabilities 69,346 70,711
Total liabilities 944,195 867,377
Commitments and contingencies
Redeemable noncontrolling interest 4,423 4,733
Viad Corp stockholders’ equity:    
Common stock, $1.50 par value, 200,000,000 shares authorized, 24,934,981 shares issued and outstanding 37,402 37,402
Additional capital 565,933 568,230
Accumulated deficit (353,151) (326,084)
Accumulated other comprehensive loss (47,574) (40,394)
Common stock in treasury, at cost, 3,826,971 and 3,948,316 shares, respectively (190,363) (195,721)
Total Viad stockholders’ equity 12,247 43,433
Non-redeemable noncontrolling interest 86,844 89,188
Total stockholders’ equity 99,091 132,621
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 1,180,300 1,137,322
Convertible Series A Preferred Stock    
Current liabilities    
Convertible Series A Preferred Stock, $0.01 par value, 180,000 shares authorized, 135,000 shares issued and outstanding $ 132,591 $ 132,591